Telefonica Open
Future_
Encuentro de Telecomunicaciones y
Economía Digital
Telefonica Open Future_
05.09.2016

2
38
Spaces
17
Countries
673
Companies
Invested
1,361
Accelerated
Companies
€384M
Investment
Committed TEF
& 3rd Parties
€259M
Invested by TEF &
3rd Parties
* Information to the best of our knowledge as of 30th June 2016. This is a mere informative
presentation, and may not be considered nor interpreted as a solicitation of any kind.

3
Launching initiatives that have allowed us a differential approach to entrepreneurship and
investments in technological startups around the world through three levels of support
DYNAMIZING LOCAL
ECOSYSTEMS
ACCELERATION OF NEWLY
CREATED STARTUPS
Trough accelerators and
crowdworking spaces
Support the youth and their
ideas
INVESTMENT IN MATURE
STARTUPS
Supporting their growth and
internationalization
• Social Impact
Projects
• +111,400 youth
• 840
scholarships for
STEM students
• Spain, UK &
Sweden
• 24 spaces:
Europe (15),
Latam (6) &
Asia (3)
• 782 startups
accelerated
• 11 academies
in 10 countries
• 579 startups
invested
• 7 funds in 7
countries in
Latam & Europe
• 74 invested
companies
• €288M
committed
• CVC Fund
• 20 invested
companies/ 10
portfolio
• Global presence:
Israel & USA
* Information to the best of our knowledge as of 30th June 2016. This is a
mere informative presentation, and may not be considered nor
interpreted as a solicitation of any kind.

4
Main indicators Telefonica Open Future_
TEF FIT
COMPANIES
113
PIONEERING
OPEN INNOVATION
DEVELOPING
OPTIONALITY
DEAL FLOW
ANALYZED
+49K
COMMITTED
EXTERNAL
FUNDS
+ EUR 200M
TIER 1
CO-INVESTORS
+75
CONSOLIDATED
EMPLOYMENT
+9.8K
OPEN FUTURE
FOLLOWERS
+320K
INVESTED
COMPANIES
673
ACCELERATED
COMPANIES
1,361
TOTAL PORTFOLIO
MARKET VALUE
+EUR 3.5Bn
* Information to the best of our knowledge as of 30th June 2016. This is a
mere informative presentation, and may not be considered nor
interpreted as a solicitation of any kind.